Applied Systems, the world’s largest provider of insurance agency and brokerage management systems (AMS/BMS), has entered into a definitive agreement to acquire Indio Technologies, a US-based technology solution for the insurance application and renewal process.
The acquisition will help Applied achieve its goal of digitising the end-to-end commercial lines submissions process across agencies, brokers, insurers and insureds. By integrating Indio’s solution with Applied Epic, the insurance software firm hopes to provide customers with a collaborative and automated data capture experience, while increasing the velocity of the insurance application and renewal lifecycle, lowering costs and reducing the risk of errors and omissions.
You've reached your limit - Register for free now for unlimited access
To read the full story, and get unlimited access to Insurance Business website content, just register for free now. GET STARTED HERE
Already a website member? Log in below.